Goods and Services Tax – Started By: – CA. ANCHAL RASTOGI – Dated:- 2-7-2017 Last Replied Date:- 16-7-2017 – A Individual having rental from commercial property of ₹ 11 Lacs and turnover from a B to C trading business of ₹ 40 Lacs. May he opt composition for only trading business ? all other condition necessary for composition are OK. – Reply By KASTURI SETHI – The Reply = Cannot opt for composition scheme. You will have to conform to all the parameters laid down under GST Acts. – Reply By Preeti Sharma – The Reply = Hello CA. Anchal Rastogi, As per my knowledge, Composition scheme in GST is a PAN based scheme. All taxable persons covered by the same PAN shall be under composition across India. Any intimation of option to avail
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